Stellantis will sell Free2move’s car-sharing business to private equity investor Mutares. Virgilio Cerutti, head of business development & partnerships at Stellantis, said: “By sharpening our focus on core automotive activities, we strengthen our capacity to deliver long-term performance. As an independent entity under Mutares, Free2move’s car-sharing business is expected to benefit from enhanced agility, dedicated investment and increased operational flexibility. Johannes Laumann, CIO of Mutares, said: “Free2move’s car-sharing business combines a strong, internationally recognized brand with clear potential for operational improvement following an intended carve-out from Stellantis. “Together with the management team, we look forward to strengthening Free2move’s operating model and further developing the company into an independent leading platform in the mobility sector.”